$300 Cash Flow

[Dennis Nemitz]

I am looking at a property that will have $1300 per month in expenses and gets $1600 in rent from established renters. There will be significant room to move on rent in the current market, but I will only want to raise it when the current renters move out. It has been well maintained and is in a great neighborhood. It is no where near the 2% rule, but at about 1%. Should I run from this deal?